Question
A firm has an inventory turnover rate of 18, a receivables turnover rate of 23, and a payables turnover rate of 12. How long is
A firm has an inventory turnover rate of 18, a receivables turnover rate of 23, and a payables turnover rate of 12. How long is the operating cycle?
Multiple Choice
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36.37 days
-
48.15 days
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36.15 days
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24.37 days
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24.15 days
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The Oxford Handbook Of The Sociology Of Finance
Authors: Karin Knorr Cetina, Alex Preda
1st Edition
0198708777, 978-0198708773
